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Why does Walmart want a shopping mall?

Retail Dive LogoRetail Dive20h ago

Why does Walmart want a shopping mall? - Retail Dive

Quick Summary:

It could be an attempt to broaden revenue streams, plot the location of a future store or, at its simplest, take advantage of a good deal.

Yet, the popular narrative on mall performance — that many are dying or dead —  is shifting as visits at indoor and outdoor malls rise, according to recent data from Placer.ai.

That’s because Walmart bought the Monroeville Mall, a more than 50-year-old shopping center near Pittsburgh with over 100 operating businesses.

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Article Details

Author / Journalist: Nate Delesline III

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-24 @ 09:00:00 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 1093 words

Reading Time: 7 minutes read

Sentences: 46 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 26377979

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About Retail Dive

Retail Dive Logo

Main Topics: EconomyBusiness

Official Website: retaildive.com

Update Frequency: 3 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 18 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #56

Publisher Details

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The outlet is headquartered in United States and publishes an average of 3 news stories per day.

It's most recent story was published 18 hours ago.

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  • URL: https://chronographically.beamstart.com/news/why-does-walmart-want-a-17404077186056

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